Get Pre-Approved FREE For A Best Rate Home Mortgage Before You Shop For A Home!

Should you talk to a mortgage Lender before house hunting?

Absolutely! 

Especially if you haven't so much as picked out homes to visit yet, it's important to see your mortgage LENDER first.

Why?  

MOST SELLERS WON'T even Consider an offer if your NOT PRE-APPROVED FOR HOME LOAN FIRST!

6 Things YOU Must Know Before Making Mortgage Application:  Free Report!

During the mortgage pre-approval process, I will help you determine how much of a monthly mortgage payment you can afford, and and what price range you should be looking in to purchase your new home. I will review your income and debts, your employment history, your available funds for down payment and closing costs, and your credit score. Once I have taken your application and you are approved, I will give you and your Realtor what's called a Pre-approval Letter, supject to a satisfactory appraisal, verification of funds to close and final underwriting review.

When you find a home that catches your eye, and you decide to make an offer, being pre-approved for a best rate mortgage will do a couple of things. First, you NOW KNOW how much you can offer. Your real estate agent will help you decide on an appropriate offer, but being pre-approved for your home loan gives you and the seller the confidence to know you can follow through.

More importantly, to a home seller, your being pre-approved for a mortgage is like you walked into their home with a suitcase full of cash to make the deal! They won't have to wonder if they're wasting their time because you might or might not qualify for a mortgage to finance the amount you're offering for the home. You have the Clout of a cash buyer ready to make the deal right now!

Click here for the Best Financing Plan

Don't wait the home you are interested in may have other offers or may be sold, give me a call today. Better yet! Provide me with some information through my secure basic application page or full application and I will have an approval in less than an hour.

Good luck house hunting.

phil@wilmingtonmortgagegroup.com  



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Today's Rates:

Mtg Loan    Rate  APR
30-yr Fixed4.95%5.11%
15-yr Fixed4.32%4.55%
1-yr Adj4.22%5.24%
* national averages







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information to match you with just the right loan.
 
Tell us about your loan needs.
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Mortgage News Daily:
 
Looking At Longer Term Charts For Perspective
3/17/2010 4:37 PM

Posted To: MBS Commentary

When faced with a lock float decision with decent arguments for either course of action, I like to look at longer term charts to get a sense of where I'm at vs. where I was or could be. Doing so at the current time leaves me with a pretty simple conclusion. Without trying to pr...Read More
 
At The Highs Of The Day Heading Into Close
3/17/2010 2:51 PM

Posted To: MBS Commentary

Today is much flatter compared to yesterday But 4.5's are still up 5 ticks and we're at highs again near end of day 10yr tsy lower by around 1 bp to 3.64 No data on Friday, but tons to consider tomorrow Waiting for reprices for the better, then consider locking First thing&...Read More
 
Mortgage Rates Move Lower. Most Aggressive Lender Pricing Seen in Weeks
3/17/2010 2:24 PM

Posted To: Mortgage Rate Watch

Mortgage rates rallied lower yesterday after the Federal Reserve reiterated they intend to keep the Fed Funds rate at at exceptionally low levels for an “extended period”. The Fed also held steady in their belief that inflation is not posing a threat to economic stabili...Read More
 
Current Coupon MBS Move Sideways at Resistance as Stocks Keep Rallying
3/17/2010 11:48 AM

Posted To: MBS Commentary

The dollar is weaker, oil prices are higher, and stocks are rallying---STILL. The S&P is trading at a new "recovery rally" index high print. Rates traders are ignoring the stock lever---for now at least. Since the auction cycle ended last Thursday, the 10 yr note has ...Read More
 
Loan Demand at Stand Still. Are You Nervous About the Year Ahead?
3/17/2010 9:56 AM

Posted To: MND NewsWire

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending March 12, 2010. The survey covers over 50 percent of all US residential mortgage loan applications taken by mortgage bankers, commercial banks, and thrifts. The data gives economists a ...Read More
 
Federal Home Loan Bank's Suit Against Nine Private Label MBS Dealers; Several Lender Updates; No Change from Fed
3/17/2010 9:31 AM

Posted To: Pipeline Press

Father Murphy waited in line to have his car filled with gas just before a long holiday weekend. The attendant worked quickly, but there were many cars ahead of him. Finally, the attendant motioned him toward a vacant pump. "Father," said the young man, &qu...Read More
 
Producer Level Inflation Muted in Feb. Gasoline Index a Drag on Prices
3/17/2010 8:02 AM

Posted To: MBS Commentary

Good Morning. Happy St. Patrick's Day. The BLS released the Producer Price Index at 830am. Producer prices fell 0.6% in February following a 1.4% rise in January. The core read, which strips out volatile food and energy costs, rose 0.1% following a 0.3% uptick in January. Both ...Read More
 
The Day Ahead: Stocks Continue to Tick Higher Before PPI and Fed Speak
3/17/2010 7:02 AM

Posted To: MND NewsWire

Despite yesterday’s news that housing starts fell nearly 6% in February (led by weakness in multi-family starts), stock markets managed to move upwards yesterday and this morning that upward trend continues. Sentiment was in part bolstered from the language of the FOMC statement, wherein the ...Read More
 
MBS And Treasuries Stay Strong Through Close
3/16/2010 4:36 PM

Posted To: MBS Commentary

Bond Bulls In Control All Day Long Fannie 4.5's rise 7 ticks to 101-03 10yr note yield finally meets resistance at 3.65 Stocks end at best levels since Q308 Stocks face major test tomorrow to hold these levels In case you missed it, the news of the day was the FOMC statement. J...Read More
 
How Did the FOMC Meeting Affect Mortgage Rates?
3/16/2010 4:05 PM

Posted To: Mortgage Rate Watch

After moving higher following a worse than anticipated read on Retail Sales last Friday, mortgage rates made modest improvements yesterday. Activity in the fixed income marketplace was pretty boring though. Mortgage backed securities traded in an extremely tight price range as mark...Read More





Wilmington Mortgage Services, Inc. 2383 Limestone Rd. Wilmington, DE 19808
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